16-22 Water Street Toowoomba QLD 4350

Colliers Toowoomba are excited to present 16-22 Water Street to the market for sale. An exceptionally rare offering, being presented to the market for the first time in 40 years!

Located just south of the Toowoomba Central Business District, within walking distance to Grand Central Shopping Centre this outstanding opportunity offers a wide variety of development applications including light industry, retail, office and residential**.

Featuring:
- 1,548m²* Total site area over 4 titles
- 775m²* Total Warehouse area
- 637m²* Development-ready parcel of land
- Potential to build up to 4 storeys under the current planning scheme**
- Holding income of $66,380.14* net per annum
- Tenant pays 100% of outgoings
- Currently leased to Brakeland until February 2025 with a 3 year option
- 'Mixed Use' zoning allowing a diverse range of development possibilities**
- 50m²* Water Street frontage

For more information or to arrange an inspection, please contact Mitch Willis of Colliers Toowoomba.

*Approx
**Subject to council approval